As economic sanctions on Russia increase over the military invasion of Ukraine, major tire maker Bridgestone has announced that it will stop producing tires at its factory in Russia for the time being from 18th this month.
Bridgestone is a factory in Ulyanovsk Oblast, Russia, which has been producing tires for passenger cars since 2016, mainly for retail stores and automobile manufacturers in Russia, but from 18th this month, it will be produced at the factory for the time being. I decided to stop.
Exports of tires to Russia also stopped on the 14th.
Regarding this decision, the company said, "It is the result of careful and comprehensive consideration of the situation while taking into account the latest situation," and it has become difficult to procure parts due to the disruption of logistics, and the automobiles of our business partners. The reason is that the manufacturer's factory has stopped operating.
The factory has about 1000 employees, but says it will continue to pay salaries.
As each country imposes economic sanctions on Russia, Nissan Motor Co., Ltd. has stopped operating its Russian factory from the 14th, and Toyota Motor Co., Ltd. has also stopped local production. There are a lot of movements.